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Buyers Accumulate Shares of Ultimate Software, Up 1.7% (ULTI)Dec 07, 2010 (SmarTrend(R) Market Surveillance via COMTEX) -- Ultimate Software (NASDAQ:ULTI) is one of today's notable stocks on the rise, up 1.7% to $48.13. The S&P is currently trading 0.5% higher to 1,229 and the Dow Jones Industrial Average is trading 0.4% higher to 11,409. Ultimate Software is in SmarTrend's Application Software industry and this industry is currently in an Uptrend according to our research. We are monitoring many other stocks on the move within this industry. In the last five trading sessions, the 50-day MA has climbed 2.18% while the 200-day MA has risen 1.15%. In the past 52 weeks, shares of Ultimate Software have traded between a low of $26.81 and a high of $47.94 and are now at $48.13, which is 80% above that low price. SmarTrend currently has shares of Ultimate Software in an Uptrend and issued the Uptrend alert on September 02, 2010 at $34.49. The stock has risen 37.2% since the Uptrend alert was issued. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.mysmartrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.mysmartrend.com/signup |